Ferguson plc Acquires Yorkwest Plumbing, Grove Supply and Harway Appliances

Ferguson plc has signed definitive agreements to acquire Yorkwest Plumbing Supply Inc. and Grove Supply, Inc., and closed the acquisition of Harway Appliances, with the three businesses having aggregate annualized revenues of approximately $220 million. The bolt-on deals expand Ferguson's plumbing, HVAC and showroom footprint across Canada and the U.S., and Harway closed on Jan. 8 while Yorkwest and Grove are expected to close within 90 days subject to customary conditions.